About Adam Woods

Adam Woods is a physicist. His research interests include building software to run and build geomagnetic models. Adam got interested in personal finance in the great recession when it became obvious an interest was necessary. After harassing his friends and family (and a short intervention) he took to the web where he blogs about finance, investment, politics, and economics. Adam is currently located in Boulder, Colorado where he can generally be found hiking, biking, or running a D&D campaign. He can also be contacted at adamwoods137@gmail.com.

Individual Development Accounts Will Make You a Thousandaire

By |January 6th, 2017|Categories: Blog|

I don't know if you guys have noticed, but this blog is named Thousandaire.  Why is it named Thousandaire you might ask?  Because I'm a jackass that has to tell the world his net worth, and there isn't that much to speak of right now? Nope.  Well, sure it's not like I'm a millionaire, I do fit into the thousandaire

Thousandaire Investment Performance in Review

By |December 30th, 2016|Categories: Blog|

While less than a year is far too little time to judge the success of an investing strategy, I like to look in on my investments at least on an annual basis.  This also presents a good time to check in on the stocks that we've profiled on Thousandaire.  All of these are compared to the Russel 2000, an index

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7 Steps to Minimize Your Taxes Before 2017

By |December 23rd, 2016|Categories: Blog|

Every December before the end of the year I run down this checklist to make sure that my taxes will be roughly what I had withheld from my paycheck.  I try to keep my tax withholding as low as possible; I have no interest in giving Uncle Sam what amounts to an interest free loan, just so I can get a

Mailbag – When Do I Replace My Car

By |December 16th, 2016|Categories: Personal Finance Tips|

You can email me at adamwoods137@gmail.com Hi Adam, I just got back from the mechanic and my car (bluebook ~$9,000) needs $3,000 worth of repairs to be made drivable again.  Part of it seems to be routine maintenance but the other part is just part failure.  I don't want to be regularly paying these kind of repair bills,

Good Times – How to Value Restaurant Stocks

By |December 9th, 2016|Categories: Blog|

I thought that now would be as good a time as any to share my process for finding and investing in individual stocks.  I should first disclaim that most of my money is in index funds which won't be touched by me for quite some time.  I'm still quite firm in my belief that the best returns are had by investing like

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Budget Percentages

By |November 29th, 2016|Categories: Blog|

"I decided that a part of all I earned was mine to keep" ~ Richest Man in Babylon The typical view of budgeting is to figure out how much money you "need" to spend, add some for wants, and save the rest.  This tends to result in ever more elaborate justifications for what qualifies as a "need", and keeps the

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